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1. AstroBank acquires Neo Plaza in Kokkinotrimithia

The Neo Plaza of Kokkinotrimithia in Nicosia, an open commercial mall project in Cyprus that did not meet expectations, has been acquired by AstroBank....

2. Cyprus seeks solutions for property buyers 'in limbo' after court ruling

The government is working to help property buyers who are now in a difficult situation after the Court of Appeal ruled the 2015 Real Estate Transfer and Mortgage Law unconstitutional....

3. Skip transporters plan mid-July protest over illegal dumping

Skip transport professionals are organizing a protest for mid-July, accusing the government of failing to supervise and stop illegal rubble transport and dumping, which harms licensed operators and the environment according to a report by Pavlos Neophytos....

4. Monthly car auction returns to Larnaca, featuring Bank of Cyprus vehicles

Car enthusiasts and bargain hunters alike will converge once again on Mosfiloti, Larnaca, as the monthly car auction resumes its cycle....

5. ''Government'' moves to license casino at controversial airport

The ''government'' in the Turkish-occupied northern part of Cyprus is reportedly moving forward with plans to grant a ''license to operate'' a casino within the controversial Tympou airport, according to the local newspaper Avroupa....

6. New investment frontier opens for citizens

Citizens now have access to and can invest in bonds issued by the Republic of Cyprus. In a recent auction by the Public Debt Management Office......

7. Bank of Cyprus to auction cars: See models and prices

The Bank of Cyprus has announced an upcoming auction for a selection of cars. Details of the models and prices are outlined in the tables below....

8. Phone ringing, debt ignored: Cyprus faces loan repayment hurdles

Despite efforts to reduce Non-Performing Loans (NPLs) in Cyprus, the lingering burden continues to weigh heavily on the country's economy and society....

9. Electricity subsidy extends to vulnerable consumers until February's end

With its metaphorical ''finger on the trigger,'' the Ministry of Finance is vigilantly tracking the anticipated surges in the current....

10. Foreclosure fate tied to 'Mortgage-to-Rent' scheme

Cyprus' parliament has given the green light to a groundbreaking law aimed at empowering homeowners and offering relief in the face of mortgage challenges....

11. Arnold Schwarzenegger detained at Munich Airport over unregistered luxury watch

Arnold Schwarzenegger, the renowned actor and former Governor of California, has encountered a legal hurdle at Munich Airport where he is reportedly being detained and questioned under tax law....

12. Critical battle looms as Parliament debates foreclosure legislation

Background consultations are in progress to prepare amendments to the legislative package on divestments, set for submission to the Parliament Plenary on Friday for a vote....

13. Stolen masterpiece emerges in Lancashire after 60 years

A painting stolen from a New York gallery 60 years ago in a daring $1 million heist has turned up 3,300 miles away in Lancashire....

14. Titanic dinner menu resurfaces for auction

Nearly 111 years following the tragic Titanic disaster, a remarkable array of items that endured one of the deadliest shipwrecks in human history is set to go under the auctioneer's gavel....

15. Freeze on home foreclosures likely to continue

As the year comes to a close, it seems likely that the freeze on foreclosures of primary homes valued up to €350k will be extended....

16. Rare 96-year-old Macallan whisky to fetch Over $1.4m at Sotheby's auction

A bottle of what Sotheby’s is calling “the most sought-after Scotch whisky” is set to go up for auction next month, with an estimated price of up to 1.2 million pounds ($1.4 million), the auction house said Thursday....

17. 150-million-year-old dinosaur Barry to be sold in Paris auction

An unusually well-preserved dinosaur skeleton, a Camptosaurus known as Barry, will go under the hammer in Paris next month....

18. Stolen luxury watches valued over $1.3 billion

Luxury watches valued at over $1.3 billion have been reported as stolen or lost, and their number is rising due to increased resale prices in the secondary market....

19. Museum curator sacked for selling priceless artifacts on Ebay

A member of staff who was allegedly stealing priceless items from the British Museum was named to bosses three years ago - after they went up for sale on eBay....

20. Tesla Model X resurrects in Ukraine after totaling in the U.S.

A Tesla Model X totaled in the U.S. late last year suddenly came back online and started sending notifications to the phone of its former owner, CNBC Executive Editor Jay Yarow, months later....

21. Micro Louis Vuitton 'OnTheGo' tote sells for $63,000

Handbags come in tons of different sizes. There are huge totes, tiny clutches, and the practical kind of purses that Queen Elizabeth used to wear in the crook of her elbow....

22. Policeman sentenced to prison for embezzlement

A police officer was sentenced to four months imprisonment for a case of embezzlement through false representations, but he considered his sentence excessive and appealed before the Supreme Court....

23.  Land sales surge in Akamas

The irregularities observed within Akamas' protected area, as highlighted in last Sunday's report by "K," appear to be just one aspect of a broader issue emerging in anticipation of the implementation of the local plan in September....

24. Exceptional Real Estate Investment Opportunities by AstroBank

25. Numerous foreclosure sales expected in 2023 and 2024

The COVID-19 pandemic and the subsequent suspension of divestments since 2020 have led to the creation of a considerable volume of properties for disposal that banks and credit purchase companies have on their balance sheets....

26. Minister of Agriculture announces his four priorities

Minister of Agriculture, Petros Xenophontos, outlined his four priorities for the agriculture sector during an interview on the DIASPORA news show. ...

27. FinMin stresses importance of stable legislation for out-of-court auctions

The Finance Ministry has stressed the importance of having stable legislation regulating out-of-court auctions, in tandem with an effective insolvency framework in order to achieve a reduction of bad loans....

28. Minister of Agriculture pushing for a 'Farmers Card'

Agriculture Minister Petros Xenofonos announced today during a meeting of the House of Representatives Agriculture Committee that he intends to create a farmer's card to provide services to the agricultural world....

29. A large number of foreclosure notices to be sent tomorrow

Today, Tuesday, January 31, 2023, marks the end of the most recent three-month suspension of divestments imposed by a resolution of the House of Representatives. ...

30. Stolen 8th century BC jug returned to Cyprus

A Cypriot jug from the 8th century BC that was offered for sale on the Dutch art market, and which appeared to have been smuggled out of Cyprus shortly after the Turkish invasion of the island in July 1974, was recently returned to the Republic of Cyprus....